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ESCON Japan REIT Investment (TSE:2971) Interest Expense : 円-162 Mil (TTM As of Jul. 2023)


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What is ESCON Japan REIT Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ESCON Japan REIT Investment's interest expense for the six months ended in Jul. 2023 was 円 -81 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was 円-162 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. ESCON Japan REIT Investment's Operating Income for the six months ended in Jul. 2023 was 円 1,256 Mil. ESCON Japan REIT Investment's Interest Expense for the six months ended in Jul. 2023 was 円 -81 Mil. ESCON Japan REIT Investment's Interest Coverage for the quarter that ended in Jul. 2023 was 15.57. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


ESCON Japan REIT Investment Interest Expense Historical Data

The historical data trend for ESCON Japan REIT Investment's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ESCON Japan REIT Investment Interest Expense Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22
Interest Expense
-73.54 -113.34 -123.05 -167.13

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -84.85 -82.28 -82.00 -80.65 -81.33

ESCON Japan REIT Investment Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円-162 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ESCON Japan REIT Investment  (TSE:2971) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ESCON Japan REIT Investment's Interest Expense for the six months ended in Jul. 2023 was 円-81 Mil. Its Operating Income for the six months ended in Jul. 2023 was 円1,256 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was 円28,481 Mil.

ESCON Japan REIT Investment's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jul. 2023 )/Interest Expense (Q: Jul. 2023 )
=-1*1255.503/-80.653
=15.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


ESCON Japan REIT Investment (TSE:2971) Business Description

Traded in Other Exchanges
N/A
Address
Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

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